GFH Reports Net Profit Attributable to Shareholders of US$35.11 Million In Q1 2026
GFH Bank B.S.C (“GFH” or “the Bank”) (Bahrain Bourse: GFH) today announced its financial results for the first quarter (“the quarter”) of the period ended 31 March 2026. (“the quarter”) of the period ended 31 March 2026.
Net Profit attributable to shareholders was US35.11 million for the first quarter of 2026 compared to US$30.14 million in the same period last year, an increase of 16.5%. The increase was achieved despite the impact of regional developments and heightened market uncertainty during the period, which affected performance across several core business lines, particularly investment activity, transaction execution and the timing of income recognition.
Earnings Per Share for the quarter was US Cents 1.01 compared with US Cents 0.85 in the first quarter of 2025, an increase of 18.8% YoY. Total Comprehensive Income for the quarter stood at US$(8.58) million, compared with US$27.46 million in the same period of 2025, representing a decline of 131.2%. Total Income was US$150.99 million for the first quarter of the year compared with US$121.87 million in the first quarter of 2025, an increase of 23.9%. Consolidated Net Profit for the first quarter attributable to shareholders was US$34.34 million compared with US$30.69 million in the first quarter of 2025, an increase of 11.9%. In line with business growth total Expenses for the quarter were US$116.65 million compared with US$91.18 million in the prior-year period, an increase of 27.9%.
Total Equity attributable to shareholders was US$907.26 million at 31 March 2026 compared with US$1,020.77 million at 31 December 2025, a decrease of 11.1%, primarily due to dividend declaration for 2025. Total Assets were US$12.17 billion at 31 March 2026 compared with US$12.20 billion at 31 December 2025, a slight decrease of 0.3%.
GFH currently manages assets and funds valued at approximately US$24 billion, including a global investment portfolio spanning the GCC, the United States of America and Europe, across sectors including industrial and logistics, healthcare, education, technology, infrastructure and real estate.
The financial results in full can be found at www.bahrainbourse.com. Shares of GFH are traded under the ticker “GFH” on the Abu Dhabi Securities Exchange, Bahrain Bourse, Boursa Kuwait and Dubai Financial Market.
“GFH Bank delivered a positive and resilient performance in the first quarter of 2026, reflecting the strength of its diversified business model, disciplined execution and ability to navigate a period marked by regional developments and heightened uncertainty across markets. Despite the effects such circumstances have had across sectors, the Bank continued to generate solid income and profitability, supported by the quality of its platform, the breadth of its activities and a continued focus on long-term value creation for shareholders. I would also reiterate that our transition to GFH Bank further reflects the continued evolution of our integrated banking and investment model.
I take this chance to express, on behalf of GFH Bank, management and staff members, to appreciation and gratitude to the Wise Leadership, led by His Majesty King Hamad bin Isa Al Khalifa, King of the Kingdom of Bahrain, and the continued guidance and close oversight of His Royal Highness Prince Salman bin Hamad Al Khalifa, Crown Prince and Prime Minister, as well as the continued efforts of the Respected Government and the Central Bank of Bahrain in reinforcing confidence, stability and resilience across the Kingdom’s banking and financial sectors.”
“GFH Bank reported a strong start to 2026, with Net Profit attributable to shareholders rising to US$35.11 million in the first quarter, compared with US$30.14 million in the same period last year, while Total Income increased to US$150.99 million from US$121.87 million. These results demonstrate the resilience of GFH’s platform and its ability to continue delivering growth despite the broader regional environment and the impact it has had on market sentiment and transaction activity.
Performance during the quarter was supported by solid contributions from the Bank’s core business lines. Wealth & Investment Management contributed US$82.51 million, reflecting strong activity and continued client demand, while Credit & Financing contributed US$39.97 million as a steady recurring income stream. Treasury & Proprietary Income remained an important contributor at US$28.51 million, with the portfolio managed prudently in line with prevailing market conditions.
Looking ahead, we remain focused on building on this momentum by further strengthening our integrated model, expanding client reach, advancing our digital capabilities and pursuing selective opportunities that align with our long-term growth and return objectives.”
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